| FORM 990, PART I, LINE 1 & FORM 990, PART III, LINE 1 |
THE CHILDREN'S HOSPITAL OF PHILADELPHIA, THE OLDEST HOSPITAL IN THE UNITED STATES DEDICATED EXCLUSIVELY TO PEDIATRICS, STRIVES TO BE THE WORLD LEADER IN THE ADVANCEMENT OF HEALTH CARE FOR CHILDREN BY INTEGRATING EXCELLENT PATIENT CARE, INNOVATIVE RESEARCH AND QUALITY PROFESSIONAL EDUCATION INTO ALL OF ITS PROGRAMS. FORM 990, PART III, LINE 4A THE CHILDREN'S HOSPITAL OF PHILADELPHIA FOUNDED IN 1855, IS THE NATION'S FIRST HOSPITAL DEDICATED EXCLUSIVELY TO PEDIATRICS. THE HOSPITAL STRIVES TO BE THE WORLD LEADER IN THE ADVANCEMENT OF HEALTH CARE FOR CHILDREN BY INTEGRATING EXCELLENT PATIENT CARE INNOVATIVE RESEARCH, AND QUALITY PROFESSIONAL EDUCATION INTO ALL OF ITS PROGRAMS. THE HOSPITAL IS AN INTEGRATED PEDIATRIC HEALTH CARE DELIVERY SYSTEM THAT PROVIDES QUATERNARY AND ACUTE LEVEL PEDIATRIC SERVICES AS WELL AS EMERGENCY, PRIMARY, SPECIALTY HOME CARE, AND POISON CONTROL CARE FOR CHILDREN. THE HOSPITAL TREATS CHILDREN WITHIN ITS SERVICE AREA IRRESPECTIVE OF ABILITY TO PAY. THE CHILDREN'S HOSPITAL OF PHILADELPHIA HAS BEEN RATED AS AMONG THE BEST CHILDREN'S HOSPITAL IN THE COUNTRY BY U.S. NEWS & WORLD REPORT (2003-2021). IN THE 2021-22 U.S. NEWS SURVEY, CHOP IS NATIONALLY RANKED IN ALL 10 SPECIALTIES SURVEYED WITH TOP 4 RANKINGS IN 7 OF THE SPECIALTIES. NO. 1 RANKINGS WERE AWARDED TO THE DIVISION OF ENDOCRINOLOGY AND DIABETES, ONCOLOGY AND THE DIVISION OF ORTHOPAEDICS. PULMONARY MEDICINE RANKED NO. 2. GASTROENTEROLOGY, HEPATOLOGY AND NUTRITION RANKED NO. 3. NO. 4 RANKINGS WENT TO NEUROLOGY AND UROLOGY. Total Patient Days: 186,171 Total Inpatient Admissions: 25,003 Total Emergency Department Discharges: 57,291 Total Specialty Care Visits: 466,146 Total Primary Care Visits: 607,851 Total Urgent Care Visits: 35,546 Day Surgery and Medicine Visits: 42,165 |
| FORM 990, PART IV, LINE 12 |
AN AUDIT IS PERFORMED ON THE CHILDREN'S HOSPITAL OF PHILADELPHIA FOUNDATION AND THE FOLLOWING CONTROLLED AFFILIATES THEREOF: THE CHILDREN'S HOSPITAL OF PHILADELPHIA, THE CHILDREN'S HOSPITAL OF PHILADELPHIA PRACTICE ASSOCIATION, CHOP CLINICAL ASSOCIATES, INC., FIRST MEDICAL INSURANCE COMPANY, PGH DEVELOPMENT CORPORATION, CHILDREN'S ANESTHESIOLOGY ASSOCIATES, LTD., CHILDREN'S ANESTHESIOLOGY ASSOCIATES OF NJ, INC., CHILDREN'S HEALTH CARE ASSOCIATES, INC., CHILDREN'S HEALTH CARE ASSOCIATES OF NJ, CHILDREN'S SURGICAL ASSOCIATES LTD., CHILDREN'S SURGICAL ASSOCIATES OF NJ, INC., SURGICAL RESEARCH AND EDUCATION FOUNDATION, RADIOLOGY ASSOCIATES OF CHILDREN'S HOSPITAL, INC., AND CHILDREN'S RADIOLOGY ASSOCIATES OF NJ, P.C., AND 1700 BROAD ST. INC. |
| FORM 990, PART VI, SECTION A, LINE 1A |
THE CHILDREN'S HOSPITAL OF PHILADELPHIA'S BYLAWS PROVIDE THAT THE EXECUTIVE COMMITTEE OF THE HOSPITAL'S BOARD OF TRUSTEES (BOARD) CONSISTS OF (A) THE CHAIRMAN OF THE BOARD, THE VICE CHAIRMAN OF THE BOARD, THE PRESIDENT, THE SECRETARY AND THE TREASURER AND (B) SUCH OTHER VOTING TRUSTEES OF THE BOARD AS MAY BE ELECTED BY THE BOARD. ALL EXECUTIVE COMMITTEE MEMBERS ARE MEMBERS OF THE BOARD. THE EXECUTIVE COMMITTEE MAY EXERCISE ALL OF THE POWERS AND AUTHORITIES OF THE BOARD UNLESS PROHIBITED BY LAW OR BY THE BOARD. FORM 990, PART VI, SECTION A, LINE 2 THERE WAS A BUSINESS RELATIONSHIP BETWEEN DIEM H NGUYEN AND THOMAS J TODOROW AS DR NGUYEN AND MR TODOROW ARE UNCOMPENSATED BOARD MEMBERS OF THE SAME BUSINESS ENTITY. |
| FORM 990 PART VI, SECTION B, LINE 11B |
A COPY OF THIS RETURN WAS REVIEWED WITH THE AUDIT, COMPLIANCE, AND RISK COMMITTEE OF THE BOARDS OF CHOP AND THE CHILDREN'S HOSPITAL OF PHILADELPHIA FOUNDATION BEFORE THE RETURN WAS FILED. BEFORE THE RETURN WAS FILED, THE FORM 990 WAS ALSO MADE AVAILABLE TO THE ENTIRE GOVERNING BODY OF THE ORGANIZATION. |
| FORM 990, PART VI, SECTION B, LINE 12 |
THE CHILDREN'S HOSPITAL OF PHILADELPHIA MAINTAINS A ROBUST CONFLICT OF INTEREST PROGRAM AND HAS A WRITTEN CONFLICTS OF INTEREST (COI) POLICY APPLICABLE ENTERPRISE-WIDE, INCLUDING THE HOSPITAL AND ITS AFFILIATES. THE POLICY REQUIRES THE SUBMISSION OF ANNUAL CONFLICT OF INTEREST DISCLOSURES BY TRUSTEES AND OFFICERS OF THE HOSPITAL AND ITS AFFILIATES, MEMBERS OF SENIOR MANAGEMENT, MEMBERS OF THE MEDICAL STAFF, RESEARCHERS, AND MANY OTHERS EMPLOYED BY OR AFFILIATED WITH THE HOSPITAL AND ITS AFFILIATES. THE ANNUAL DISCLOSURES COVER INFORMATION REGARDING GIFTS, OUTSIDE INTERESTS, OUTSIDE ACTIVITIES AND OTHER MATTERS THAT MAY CONSTITUTE A POTENTIAL, PERCEIVED OR ACTUAL CONFLICT OF INTEREST, AND REQUIRE A CERTIFICATION THAT THE RESPONDENT HAS READ THE COI POLICY AND ANSWERED FULLY, ACCURATELY AND TO THE BEST OF RESPONDENT'S KNOWLEDGE. THE DISCLOSURES ARE TRACKED AND REVIEWED BY THE OFFICE OF COMPLIANCE AND PRIVACY (OCP). THE DISCLOSURES SUBMITTED BY TRUSTEES, OFFICERS, AND MEMBERS OF SENIOR MANAGEMENT (INCLUDING KEY EMPLOYEES) ARE REVIEWED BY THE OCP AND THE OFFICE OF GENERAL COUNSEL (OGC) AND SUMMARIZED IN PRESENTATIONS DISTRIBUTED TO, AND REVIEWED BY, THE MEMBERS OF THE AUDIT, OMPLIANCE AND RISK COMMITTEE OF THE HOSPITAL AND FOUNDATION BOARDS. SUMMARY INFORMATION ABOUT OTHERS' COMPLIANCE WITH THE REQUIREMENT FOR SUBMISSION OF ANNUAL DISCLOSURES IS PROVIDED ANNUALLY TO THE AUDIT, COMPLIANCE AND RISK COMMITTEE OF THE BOARDS. WHERE APPROPRIATE, WRITTEN COI MANAGEMENT PLANS ARE PUT IN PLACE AND COMPLIANCE WITH THE MANAGEMENT PLANS IS REGULARLY MONITORED BY THE OCP. |
| FORM 990, PART VI, SECTION B, LINE 15 |
THE COMPENSATION OF OFFICERS, KEY EMPLOYEES, AND CERTAIN OTHER INDIVIDUALS IN KEY LEADERSHIP POSITIONS IS REVIEWED AND APPROVED BY AN INDEPENDENT COMPENSATION COMMITTEE OF THE BOARD OF TRUSTEES OF THE CHILDREN'S HOSPITAL OF PHILADELPHIA. THE COMMITTEE REVIEWS AND APPROVES IN ADVANCE THE COMPENSATION TO BE PROVIDED TO OFFICERS, KEY EMPLOYEES, AND CERTAIN OTHER INDIVIDUALS IN KEY LEADERSHIP POSITIONS. THIS PROCESS WAS LAST PERFORMED IN 2021. IN MAKING ITS DETERMINATIONS, THE COMMITTEE CONSIDERS THE PERFORMANCE OF THE ORGANIZATION AND THAT OF THE COVERED INDIVIDUAL AS WELL AS RELATED BUSINESS JUDGMENT FACTORS. IT ALSO CONSIDERS MARKET COMPARISON REPORTS PREPARED BY AN EXTERNAL INDEPENDENT COMPENSATION CONSULTANT WITH SIGNIFICANT EXPERIENCE IN PERFORMING EXECUTIVE AND PHYSICIAN COMPENSATION ASSESSMENTS FOR NOT-FOR-PROFIT HEALTHCARE ORGANIZATIONS. THE COMMITTEE'S PROCESS IS DESIGNED TO QUALIFY FOR THE REBUTTABLE PRESUMPTION OF REASONABLENESS FOR THOSE INDIVIDUALS WHO ARE DISQUALIFIED PERSONS. THE PEER GROUP GENERALLY INCLUDES LARGE AND COMPLEX ACADEMIC MEDICAL CENTERS AND HEALTH SYSTEMS. INFORMATION FROM OTHER ORGANIZATIONS MAY ALSO BE CONSIDERED WHERE APPROPRIATE FOR THE POSITION. |
| FORM 990, PART VI, SECTION C, LINE 19 |
FORM 990 AND FINANCIAL STATEMENTS ARE MADE AVAILABLE UPON REQUEST. THE CONFLICTS OF INTEREST POLICY IS AVAILABLE ON THE CHILDREN'S HOSPITAL OF PHILADELPHIA'S WEBSITE. |
| FORM 990, PART XI, LINE 9 |
OTHER CHANGES TO RESTRICTED NET ASSETS $22,458,689 PENSION ADJUSTMENT (2,099,477) AFFILIATE TRANSFER/SUBSIDIES (15,350,811) OTHER CHANGES/TRANSFERS 13,112,385 ============ ============ TOTAL $18,120,786 |
Attach to Form 990 or 990-EZ.